Microlending Essentials Spring 2021 | Bayview Revolving Loan Fund

In this Must Know… 

Microlending Essentials Spring 2021

Microlending Essentials Online Spring 2021

Developed by Susan Brown, our VP of Capacity Building, Microlending Essentials is one of CAMEO’s most in-demand and valued training programs.

The five-part online class provides the fundamental skills for consistent, quality microloan underwriting.

This introductory training covers multiple analyses: global cash, credit history, debt-to-income, and bank statement. Participants also underwrite and write credit memos for three actual microloan applications. 

Join our upcoming Microlending Essentials Online training from March 22 to March 26, 2021, 9:30am – 12:30pm PST. 

New Small Business Revolving Loan Fund for San Francisco’s District 10

Bayview Revolving Loan Fund

Funded by the D10 Implementation Committee and administered by Working Solutions with Renaissance Entrepreneurship Center, the Small Business Revolving Loan Fund will make affordable loans of $5,000- $50,000 and free business consulting available to eligible small businesses in San Francisco’s District 10.

CAMEO provided consulting services to the Committee to support this fund. CAMEO offers organizational assistance on a variety of topics. If interested in CAMEO’s consulting services, please email Heidi Pickman.

Small Business Credit Survey

Fed Survey on Small Biz

The Federal Reserve Banks released the Small Business Credit Survey: 2021 Report on Employer Firms last week. The report provides data on small businesses’ performance and expectations in 2020. Some of the findings include:

  • Sales for 88% of the firms had not returned to pre-pandemic levels.
  • 64% said they would apply for another round of government aid if it were offered.
  • 79% of Asian-owned firms, 77% of Black-owned firms, and 66% of Latinx-owned firms characterized their financial condition as “fair” or “poor.”

The Goodies

New Research

For Your Clients

Other Goodies

  • Professional Opportunity: The 2021 CDFI Coalition Institute brings together a diverse range of CDFIs from across the country for policy discussions and advocacy. This year’s conference will take place virtually on March 9, 2021 from 7:30am to 3:00pm PST.
  • Jobs: The Lawyer’s Committee for Civil Rights, California Asset Building Coalition, and CAMEO announced new jobs recently. See who else is hiring!